V.S. International Group (08427.HK) plans to issue approximately 14.61% of 216,000 shares and raise approximately HK$423.99 million net.
Smart Financial News APP News, Wan Shun Ruiqiang Group (08427.HK) announced that on December 3, 2025, the company plans to issue and distribute 216,000 shares to the subscriber (Mr. Cai Shangqi), equivalent to approximately 1.30% of the company's enlarged issued share capital after the issuance and distribution of subscribed shares. The subscription price for each subscribed share is HK$19.93, a discount of approximately 14.61% compared to the closing price of HK$23.34 per share on December 3. The total expected proceeds from the subscription are approximately HK$4.305 million, and the expected net proceeds from the subscription are approximately HK$4.2399 million. The company plans to use the net proceeds from the subscription for general working capital. The directors believe that the subscription will enable the Group to raise funds to strengthen its financial position. So finance app information bulletin, Wan Shun Ruiqiang Holdings Group (08427.HK) announced that on December 3, 2025, the company plans to issue and distribute 216,000 shares to the subscriber (Mr. Cai Shangqi), which is equivalent to approximately 1.30% of the company's enlarged share capital after the distribution. The subscription price per share is HK$19.93, a discount of approximately 14.61% compared to the closing price of HK$23.34 per share on December 3. The expected total proceeds from the subscription are approximately HK$4.305 million, and the expected net proceeds from the subscription are approximately HK$4.2399 million. The company plans to use the net proceeds from the subscription for general operating funds. The directors believe that the subscription will enable the Group to raise funds to strengthen its financial position.
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